The production function is f (L, M)=4L^1/2M^1/2, where L is the number of units of labor and M is the number of machines.If the amounts of both factors can be varied and if the cost of labor is $64 per unit and the cost of using machines is $1 per machine, then the total cost of producing 20 units of output is A)$80. B)$650. C)$20. D)$320. E)$40.

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The Answer of The production function is f (L, M)=4L^1/2M^1/2, where L is the number of units of labor and M is the number of machines.If the amounts of both factors can be varied and if the cost of labor is $64 per unit and the cost of using machines is $1 per machine, then the total cost of producing 20 units of output is A)$80. B)$650. C)$20. D)$320. E)$40.

The Production Function Is F (L, M)=4L1/2M1/2, Where L Is

The Production Function Is F (L, M)=4L^1/2M^1/2, Where L Is